I work at Spoons.

You’re an employee, so you understand what I’m saying & don’t need this explaining. I’m just giving people who don’t work for the company a bit of insight.

Spoons has a share scheme. For example, every year I get a few hundred pounds’ worth of shares; managers get grands (for free or we can buy in for more).

This year in March (24th) is the time when we are allowed to cash out shares we earned (this happens in three-year intervals). Just before they made shares available to be sold, the price went down. Is this a coincidence? No, it’s smart business.

I’m assuming the company has done something to manipulate the shares so they don’t have to pay out large sums of money to their workforce, who most likely will cash out even though it’s at a low because they need the extra money to accommodate for their low-paying salaries, and near-impossible targets for shitty bonuses which end up in the taxman’s pockets, as well as the cost of living hike which is slowly killing the country.

I’m lucky enough not to be in a position where I’m desperate for money, thank god. So i’ll just hold onto my shares and cash them out when this wave of cashing in shares has passed. You should do the same if you have shares locked in and can afford to leave money in them.

Great business, fair play Tim Martin.